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Delphi Energy Corp. DPGYF

Energy
Delphi Energy Corp is a mining company. It is engaged in the acquisition for an exploration, development, and production of crude oil, natural gas and natural gas liquids in Western Canada. The company's core area is uniquely positioned in the Deep Basin of Bigstone in northwest Alberta.


GREY:DPGYF - Post by User

Delphi Energy Corp. > Reaction
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Comment by Raymondjameson Sep 24, 2019 6:06pm
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Post# 30160885

RE:Reaction

RE:ReactionBns also lowered target price to .15 but viewed this deal  a positive.  No fear of bankruptcy now where shareholders get zero. Luminous will 67% of equity and similar number of the Notes.  Schneider is not an idiot. He is pouring $43m into a company that has an $18m market cap.  Long list of buyers at 07 cents. Delphi is better post deal. 
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